Stock in News: Facebook Inc (NASDAQ FB) Monthly Users Equal China’s Population
Facebook Inc (NASDAQ FB) stock spiked in early trading on Monday following a report from Morgan Stanley which initiated coverage assigning an Overweight rating and a price target of $90 on the stock. Morgan Stanley’s Benjamin Swinburne also tells investors not to worry about the rising expenses. Facebook’s increasing expenses will hurt the stock in the short term, but the firm remains a solid long-term … Continue reading Stock in News: Facebook Inc (NASDAQ FB) Monthly Users Equal China’s Population